Daily Archives: June 2, 2016

Canada green lights AB InBev’s acquisition of SABMiller


Canada’s Competition Bureau, said on Tuesday it has issued a “No Action Letter” to AB InBev and Molson Coors, essentially saying that it won’t oppose the combination of AB InBev and SABMiller,  and the ensuing divestitures of certain Miller brands to Molson Coors were not likely to lessen or impede competition.

FrieslandCampina to invest N3bn in Dairy Development in Nigeria


FrieslandCampina announced that it would invest N3bn in its dairy development small holder farmer programme in Nigeria.

The investment was part of an agreement reached between the Federal Government of Nigeria and dairy giant, Royal FrieslandCampina of the Netherlands, during a recent two-day working visit by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, to the company.

U.S. nears approving merger of AB InBev, SABMiller

The U.S. Justice Department is close to approving the merger of two of the world’s biggest brewers, Belgian-based AB InBev and SABMiller, according to reports by Bloomberg.

However, sources close to the matter say it may include conditions to prevent AB InBev from shutting-out Craft brewers from store shelves.